Q1 Earnings Forecast for TC Energy Issued By Zacks Research

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Equities research analysts at Zacks Research lifted their Q1 2025 earnings per share (EPS) estimates for TC Energy in a note issued to investors on Thursday, March 6th. Zacks Research analyst T. Saha now anticipates that the company will post earnings of $1.02 per share for the quarter, up from their previous forecast of $0.91. The consensus estimate for TC Energy's current full-year earnings is $3.55 per share. Zacks Research also issued estimates for TC Energy's Q3 2025 earnings at $0.41 EPS, Q1 2026 earnings at $1.01 EPS, Q2 2026 earnings at $0.92 EPS and Q3 2026 earnings at $0.50 EPS.

A number of other research analysts have also recently weighed in on the stock. US Capital Advisors upgraded shares of TC Energy from a "hold" rating to a "moderate buy" rating in a research note on Monday, February 3rd. JPMorgan Chase & Co. boosted their price objective on TC Energy from C$70.00 to C$79.00 in a research report on Monday, November 18th. Veritas upgraded TC Energy from a "strong sell" rating to a "strong-buy" rating in a research report on Tuesday, February 18th. Wells Fargo & Company boosted their price target on TC Energy from C$74.00 to C$76.00 in a report on Wednesday, November 20th. Finally, BMO Capital Markets increased their price objective on shares of TC Energy from C$70.00 to C$73.00 in a report on Friday, November 29th. Six investment analysts have rated the stock with a hold rating, five have given a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of C$73.25.

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TC Energy Stock Performance

TSE TRP traded up C$0.02 on Monday, reaching C$67.03. 978,389 shares of the stock were exchanged, compared to its average volume of 4,761,889. The firm has a market capitalization of C$69.12 billion, a PE ratio of 13.33, a PEG ratio of 1.69 and a beta of 0.82. TC Energy has a one year low of C$43.83 and a one year high of C$70.32. The company's 50-day simple moving average is C$66.44 and its two-hundred day simple moving average is C$65.50. The company has a current ratio of 1.31, a quick ratio of 0.40 and a debt-to-equity ratio of 237.62.

Insider Buying and Selling

In related news, Director Alexander (Alex) Oehler acquired 6,540 shares of TC Energy stock in a transaction on Monday, December 30th. The shares were bought at an average cost of C$66.05 per share, with a total value of C$431,947.64. Also, Director Francois Lionel Poirier acquired 4,800 shares of the firm's stock in a transaction on Tuesday, February 18th. The shares were bought at an average price of C$65.05 per share, for a total transaction of C$312,239.52. Over the last 90 days, insiders have acquired 15,940 shares of company stock worth $1,007,506 and have sold 61,275 shares worth $3,891,830. 0.03% of the stock is currently owned by company insiders.

About TC Energy

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.